BHP Group (BHP Group Limited & BHP Group Plc) history profile and history video
BHP, formerly known as BHP Billiton, is the trading entity of two-parent companies (BHP Group Limited and BHP Group Plc.), and it operates under a Dual Listed Company structure. Both of the parent companies function as a single operating business, but retain separate legal entities and stock exchange listings.
The global headquarters of the combined group is in Melbourne, Australia, but the headquarters of BHP Group Plc is located in London, England.
The current company was formed as BHP Billiton, after a merger between the Australian Broken Hill Proprietary Company Limited (BHP) and the Anglo-Dutch Billiton Plc, in 2001.
Broken Hill Proprietary’s origins date back to 1885, when “the Big Australian” (nickname of the company in that time) was operating silver and lead mine in Broken Hill, Australia.
Billiton Plc. was founded as a mining company on September 20, 1860.
In 2015, some BHP Billiton assets were demerged and rebranded by creating an independent global metals and mining company, called South32.
In 2018, BHP Billiton Limited became BHP Group Limited and BHP Billiton Plc. became BHP Group Plc.
The company operates through the following business segments: Minerals Australia, Minerals Americas, Petroleum, and Marketing.
The Minerals Australia segment includes copper, iron ore, coal, and nickel.
The Minerals Americas segment comprises copper, zinc, iron ore, coal and potash.
The Petroleum segment involves conventional oil and gas operations, and includes exploration, development and production activities.
The Marketing segment is the link between BHP’s global operations and customers around the world.
With more than 60 000 employees, BHP Group is considered one of the world’s largest producers of copper concentrate, as well as zinc concentrate, iron ore and thermal coal. According to Forbes, it is considered one of the top 2000 largest public companies in the world.
*Information from Forbes.com, Wikipedia.org, and ”www.bhp.com”.
**Video published on YouTube by “BHP“.